Waste Management, Inc. (WM) Stock Forecast & Predictions

Waste Management, Inc. WM: $156.65

1001 Fannin St, Houston, Texas, US. | Sector: Administrative and Support and Waste Management and Remediation Services | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.wm.com

  • Market Cap$65.53B
  • Change (52 Weeks)38.77%
  • Low (52 Weeks)$107.37
  • Waste Management, Inc. (WM) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Waste Management, Inc. (WM) is based on 25 Institutional Analyst Ratings where 40.00% are on Strong Buy, 24.00% on Moderate Buy, 32.00% remains on Hold, 0.00% are on Moderate Sell and 4.00% are on Strong Sell.

    Out of 25 Institutional Analysts, majority recommended WM stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Waste Management, Inc..

    Waste Management, Inc. (WM) Stock Price Prediction By Analysts


    HighLowAverage
    $197.40$155.54$170.71
    $170.718.97% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for WM set by the institutional analysts is $170.71 where High Estimate is $197.40, Median $169.34040000000002 and Low $155.54.

    The average price target for WM by Institutional Analysts is $170.71, which is 8.97% Upside from the current price. So according to the Institutional Analysts, WM Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Waste Management, Inc. (WM) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond JamesOutperformMaintained
    Raymond JamesOutperformMaintained
    Raymond JamesOutperformMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    RBC CapitalSector PerformMaintained
    Raymond JamesOutperformMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesOutperformMaintained
    Goldman SachsBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    BairdNeutralDowngraded
    Raymond JamesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldMaintained
    Raymond JamesOutperformMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    CIBCNeutralMaintained
    Morgan StanleyEqual-WeightInitiated
    JP MorganUnderweightDowngraded
    Raymond JamesOutperformMaintained
    CIBCNeutralDowngraded
    BairdOutperformInitiated
    Argus ResearchBuyMaintained
    StifelBuyMaintained
    Deutsche BankHoldMaintained
    OppenheimerOutperformMaintained
    RBC CapitalSector PerformDowngraded
    UBSBuyMaintained
    Goldman SachsNeutralDowngraded
    UBSBuyMaintained
    OppenheimerOutperformUpgraded
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    BMO CapitalOutperformMaintained
    Deutsche BankHoldInitiated
    CIBCOutperformerInitiated
    JefferiesHoldInitiated
    KeyBancSector WeightDowngraded
    Bank of AmericaNeutralDowngraded
    JP MorganNeutralInitiated
    OppenheimerPerformDowngraded
    Stifel NicolausBuyMaintained
    Stifel NicolausBuyMaintained
    RBC CapitalOutperformUpgraded
    KeyBancOverweightMaintained
    RBC CapitalSector PerformInitiated
    Argus ResearchBuyMaintained
    Stifel NicolausHoldDowngraded
    UBSNeutralDowngraded
    KeyBancOverweightInitiated
    UBSBuyUpgraded
    Goldman SachsBuyUpgraded
    BMO CapitalOutperformMaintained
    UBSNeutralInitiated
    Credit SuisseOutperformMaintained
    MacquarieOutperformUpgraded
    Stifel NicolausBuyUpgraded
    OppenheimerOutperformMaintained
    BMO CapitalOutperformMaintained
    KeyBancOverweightMaintained
    Bank of AmericaBuyMaintained
    Stifel NicolausHoldDowngraded
    OppenheimerOutperformMaintained
    BMO CapitalOutperformInitiated
    BarclaysEqual-WeightDowngraded
    BarclaysOverweightUpgraded
    Goldman SachsSellInitiated
    Bank of AmericaBuyUpgraded
    WedbushNeutralDowngraded
    MacquarieNeutralInitiated
    KeyBancOverweightUpgraded
    BarclaysEqual-WeightDowngraded
    OppenheimerOutperformInitiated
    Bank of AmericaNeutralInitiated
    Sterne Agee CRTNeutralInitiated
    BarclaysOverweightMaintained
    ArgusBuyMaintained
    Imperial CapitalIn-LineMaintained
    JP MorganNeutralInitiated
    Credit SuisseOutperformInitiated
    ArgusBuyMaintained
    BarclaysOverweightInitiated
    Stifel NicolausBuyUpgraded
    ArgusBuyUpgraded
    Stifel NicolausHoldDowngraded
    Imperial CapitalIn-LineDowngraded
    WedbushOutperformUpgraded
    StifelBuyUpgraded
    MacquarieOutperformMaintained
    Deutsche BankHoldInitiated
    Imperial CapitalOutperformInitiated
    WunderlichHoldDowngraded
    MacquarieOutperformInitiated
    WunderlichBuyMaintained
    WunderlichBuyMaintained
    Goldman SachsNeutralDowngraded
    WunderlichBuyUpgraded
    Stifel NicolausHoldInitiated
    WedbushNeutralUpgraded
    Goldman SachsBuyUpgraded
    WedbushUnderperformMaintained
    KeyBancHoldInitiated
    JP MorganUnderweightDowngraded
    Morgan StanleyUnderweightDowngraded
    WedbushUnderperformMaintained
    Goldman SachsNeutralMaintained

    Waste Management, Inc. (WM) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.195
    The average consensus EPS for WM is $1.195 with a high estimate of $1.376 and Low of $1.049 for the period 2022-03-31 and based on 14 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.26$1.40522021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.29592021-12-31
    $1.26$1.40522021-09-30
    $1.27$1.22352021-06-30
    $1.06$1.04082021-03-31
    $1.13$1.12572020-12-31
    $1.09$1.04642020-09-30
    $0.88$0.83282020-06-30
    $0.93$0.94382020-03-31
    $1.19$1.18772019-12-31
    $1.19$1.17762019-09-30
    $1.11$1.1142019-06-30
    $0.94$0.9522019-03-31
    $1.13$1.09582018-12-31
    $1.15$1.14022018-09-30
    $1.01$1.02232018-06-30
    $0.91$0.85472018-03-31
    $0.85$0.85742017-12-31
    $0.89$0.90592017-09-30
    $0.82$0.83812017-06-30
    $0.66$0.6762017-03-31
    $0.76$0.79172016-12-31
    $0.84$0.82552016-09-30
    $0.74$0.72972016-06-30
    $0.58$0.56482016-03-31
    $0.71$0.69822015-12-31
    $0.75$0.73372015-09-30
    $0.67$0.65012015-06-30
    $0.49$0.49162015-03-31
    $0.67$0.61492014-12-31
    $0.72$0.69742014-09-30
    $0.6$0.61072014-06-30
    $0.49$0.45722014-03-31
    $0.56$0.62352013-12-31
    $0.65$0.64122013-09-30
    $0.54$0.56752013-06-30
    $0.4$0.42342013-03-31
    $0.57$0.61542012-12-31
    $0.61$0.61342012-09-30
    $0.52$0.53792012-06-30
    $0.38$0.40942012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).